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ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. American Strategic Investment Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -20.76%.
The historical data trend for American Strategic Investment Co's ROCE % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
American Strategic Investment Co Annual Data | |||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||||||
ROCE % | Get a 7-Day Free Trial | -0.57 | -2.51 | -2.45 | -3.41 | -12.00 |
American Strategic Investment Co Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
ROCE % | Get a 7-Day Free Trial | -2.46 | -38.72 | -1.73 | -55.47 | -20.76 |
American Strategic Investment Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:
ROCE % | = | EBIT | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(A: Dec. 2023 ) | (A: Dec. 2022 ) | (A: Dec. 2023 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(A: Dec. 2023 ) | (A: Dec. 2022 ) | (A: Dec. 2023 ) | |||||
= | -87.066 | / | ( ( (790.455 - 16.998) | + | (694.172 - 16.958) ) | / 2 ) | |
= | -87.066 | / | ( (773.457 | + | 677.214) | / 2 ) | |
= | -87.066 | / | 725.3355 | ||||
= | -12.00 % |
American Strategic Investment Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:
ROCE % | = | EBIT (1) | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(Q: Sep. 2024 ) | (Q: Jun. 2024 ) | (Q: Sep. 2024 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(Q: Sep. 2024 ) | (Q: Jun. 2024 ) | (Q: Sep. 2024 ) | |||||
= | -116.812 | / | ( ( (598.916 - 19.261) | + | (567.912 - 22.156) ) | / 2 ) | |
= | -116.812 | / | ( ( 579.655 | + | 545.756 ) | / 2 ) | |
= | -116.812 | / | 562.7055 | ||||
= | -20.76 % |
(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
American Strategic Investment Co (NYSE:NYC) ROCE % Explanation
ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.
Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.
Thank you for viewing the detailed overview of American Strategic Investment Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Weil Edward M Jr. | director, officer: CEO, President and Secretary | C/O AMERICAN REALTY CAPITAL 405 PARK AVE, NEW YORK NY 10022 |
Nicholas S Schorsch | 10 percent owner | |
Nicholas Radesca | officer: Interim CFO and Treasurer | C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022 |
Joseph Marnikovic | officer: Chief Financial Officer | 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019 |
Michael Ray Anderson | officer: Chief Executive Officer | 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019 |
Elizabeth K. Tuppeny | director | C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022 |
Louis P. Dipalma | director | 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019 |
Christopher J. Masterson | officer: CFO and Treasurer | 405 PARK AVE, NEW YORK NY 10022 |
Bellevue Capital Partners, Llc | 10 percent owner | 222 BELLEVUE AVENUE, NEWPORT RI 02840 |
New York City Special Ltd. Partnership, Llc | 10 percent owner | 222 BELLEVUE AVENUE, NEWPORT RI 02840 |
New York City Advisors, Llc | 10 percent owner | 222 BELLEVUE AVENUE, NEWPORT RI 02840 |
Ar Global Investments, Llc | 10 percent owner | 222 BELLEVUE AVENUE, NEWPORT RI 02840 |
American Realty Capital Iii, Llc | 10 percent owner | 222 BELLEVUE AVENUE, NEWPORT RI 02840 |
Lee M Elman | director | 405 PARK AVENUE, NEW YORK NY 10022 |
Abby M. Wenzel | director | C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022 |
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